Illinois’ comeback story starts here.

Vallas: 4 reasons why ‘mansion tax’ is bad for Chicago business

Vallas: 4 reasons why ‘mansion tax’ is bad for Chicago business

Two false labels are attached to Chicago Mayor Brandon Johnson’s push to tax high-dollar real estate sales. It’s not a “mansion tax.” It taxes mainly businesses. It won’t help “Bring Chicago Home.” It will fuel businesses moving out.

By Paul Vallas

The Policy Shop: Tackling Chicago’s deep poverty crisis

The Policy Shop: Tackling Chicago’s deep poverty crisis

This edition of The Policy Shop is by Director of Fiscal and Economic Research Bryce Hill. You’ve got $19 today. Can you get through the day on just that? Food. Shelter. Clothes. Transportation. Even if you make it through today, can you do it again tomorrow? Then the day after? Then for years? No stress...

Vallas: City budget passes, next fiscal crisis looms

Vallas: City budget passes, next fiscal crisis looms

Now that Chicago Mayor Brandon Johnson has passed his first budget, attention should be on the Chicago Public Schools. School leaders claim it will have a budget hole of over $600 million by 2025.

By Paul Vallas

Linda Johnson

Linda Johnson

“They claimed that they were going to come out and dialog with us about what they were going to do. But what happened is that they actually came out to tell us what they were going to do, rather than dialog to get our input."